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Frank Hovis

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Everything posted by Frank Hovis

  1. I entirely agree with all of that, however it's a question of practicality as I don't buy small (which did me no good at all in the Royal Mail flotation!).
  2. Thnaks, I was going to buy sovereigns but didn't know Britannias shared the same benefits. It will be just gold coins, I have nothing against silver except its bulk.
  3. I don't see it doubling but not worried as I'm not intending to trade, however taking into account the strength of sterling I'll start buying some, better have a lookie on the threads for who to buy from.
  4. It's come back off its $1900 highs so $1300 represents a buying opportunity if you think it's due for another move upwards medium term. That's trading gold though, I will either buy when it's on the floor or won't buy at all, I'm not a gold trader.
  5. I certainly intend to buy gold as a pension fund, but that will be (like a house) when the cycle has it back to being horrendously unfashionable,"why would you want to buy that?" status. If that's next year, five years time, ten years time, even twenty years time that's fine. At the moment it is high IMO; that's not to say that it won't go higher in the medium term but as I'm playing the long game I'm not buying now.
  6. Ditto. After the current mini-boom when the crash comes it will be unmistakable, no need to trawl through watching percentage moves on Rightmove it will be headline news.
  7. It is madness. All you have to do is stand watching with your arms folded and wait for it all to collapse. No looking for dips or buying opportunities; the slump will be massive and last for years.
  8. Despite his avuncular jolly fat man image Pickles is doing serious damage; whatever his agenda is I don't like it.
  9. Would it? I detect a mood swing these days. The Rosie Millards and Krusties of this world do not seem to be representative any more. I'm seeing frequent stories saying how bad it is that house prices are high and still rising. This was not the media view ten years ago. There is this housing being built but not in the required numbers, if it was you'd see private sector rents fall significantly as landlords competed for tenants and house prices would crash. Whilst it would be a much better piece of capital expenditure than HS2 the scale would mean that the government would have to be right behind it as a major manifesto pledge. I can't see any of the major politicos promising to embark upon a massive public house-bulidng programme.
  10. Is what I go with. I worked with a David Icke type who was a clever and reasonable guy until you got onto this stuff whereupon he would literally laugh that anybody would believe that 9/11 wasn't a US goverment conspiracy. He also believed that there were energy fields radiating out of pyramids, that there was a global Zionist conspiracy etc. etc. Now I'm all for a bit of skepticism, questioning the official line, and not entirely trusting our own security services but this was an unquestioning belief that pretty much everything was a conspiracy. Which is as bad as believing everything the government tells you IMO.
  11. I've seen a few episodes of the Professionals this week, it was big Arab money in the 70s buying up the big houses, then it all crashed in '88 and stayed that way for ten years.
  12. Haven't you just said otherwise or am I misreading that? If you pay to have your child privately educated then they will get better qualifications at that school than they would at the local comprehensive for a variety of reasons. This will then give them an advantage in getting into a better university which will give them much better employment prospects, employers look at the university name first.
  13. Individual HAs do and th3 HCA monitors it and it forms part of their assessment: http://www.insidehousing.co.uk/numbers-of-empty-homes-falls-says-hca-research/6523330.article There's not a personal incentive to do it as there would be for the Fergus Wilson's of this world.
  14. Like anything in the targets-obsessed public sector social housing is regulated and benchmarked within an inch of its life. One of these is average void relet time. Sometimes homes are deliberately not relet for specific reasons, such as planned structural work, intended disposal, or demolition.
  15. You're living in dreamland! The low maintenance / running costs bit is actually in place with higher build standards for social housing compared to private developers and SAP targets, met by things like solar panels and air source heat pumps. The new kid on the block is the Passivhaus (google it) with near-zero heating bills, several schemes have already been built.
  16. Yes in repressive regiemes, but in a free speech democracy you don't need underground communications networks. And we all like a funny cat pic
  17. I looked at renting one last year and I pretty quickly decided not to, it was in a state. I haven't seen any estimates but there must be an enormous maintenance backlog building up for these BTL properties. Roofs, heating systems, wiring etc. all need doing on cycles and to pay for that you need to be putting money aside. Which I doubt is happening.
  18. I thought it was about winning votes, the destruction of social housing is a mere by-product. One city I know had its stock literally halved in twenty years through RTB. I remember when it came out there were comedy sketches about people turing their RTB houses into palaces compared to their neighbours. The reality is that you can go to any ex-council estate and spot the RTBs. They're the ones that are in the worst state of repair, not many RTBs get their roofs replaced.
  19. I entirely agree with that last point. Welfare reform - great idea. Shockingly badly handled. They really didn't think it through, all that was required was to do a consultation with the housing associations and the aspects of disabled people with a carer bedroom, shortage of available smaller properties in some areas (not all, some have loads) would all have come up and provision made for it. Similar shambles with general benefits whereby foodbanks are now an essential, not because people are poorer but because the welfare system now leaves them penniless for weeks before giving them their back payments in one go. Genius.
  20. This is one instance where Scotland is leading the way - they have a bill going through to abolish right to buy. Right to buy has devastated social housing stock, literally more than having it in some cities and removing it entirely in any half-decent rural location.
  21. Well, obviously. But some of the bedrooms were which is the point of the reform.
  22. I don't know about struggle but I certainly agree with your first point. Somebody with B grade A levels from a state school can be expected to get a better degree than somebody with B grade A levels from a public school because the teaching is better. I'd add in the social side too, if you go to public school you are likely to have rich parents so your college years can include weekends away, holidays, trips to London etc. whereas the skint student will spend their weekend going to the library as it's warm to write their essay. Or rather this latter was the case, whether this still applies with student loans splashing the cash rather than subsistence grants I wouldn't know.
  23. That's a result in my book, 30,000 people moving means 30,000 homes allocated to families.
  24. Ha ha. Let's see fatboy Salmond wriggle his unctuous way out of that one, deny them their independence and be a hypocrite or support it and go skint. Those islanders will be pretty rich if they do go it alone.
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